Tex. Water Code § 58.172

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 58.172 - Receiver for Leased Irrigation System
(a) If the district defaults in the payments due under a lease, the lessor may petition a court of competent jurisdiction to appoint a receiver for the leased properties.
(b) The receiver shall operate the properties and collect and distribute the revenue according to the terms of the lease and the direction of the court.
(c) The receiver has the same rights and powers as the board in its operation of the leased properties.

Tex. Water Code § 58.172

Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. 8/29/1977.